government payments

Government Payments Expected To Decrease Again This Year
Government Payments Expected To Decrease Again This Year
There are several reasons behind the USDA forecasting a 21% drop in net cash income for farmers this year, but one of the more obvious reasons is the roughly 34% drop in government payments.  USDA chief economist Seth Meyer said 2023 will mark a couple of years in a row of direct government payments declining.  Meyer s...
Government Payments, Strength Of Dollar, Will Have Direct Impact On Health Of Washington Farm Economy
Government Payments, Strength Of Dollar, Will Have Direct Impact On Health Of Washington Farm Economy
Predicting the health of the Washington farm economy in 2022 looks to be more challenging than a typical year. Washington State University’s Dr. Randy Fortenbery said one of the most notable changes will come in the form of an elimination of government subsidies and payments. The ...